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we can't go off the fiscal cliff. we have got to meet this deny. now what we're hearing, it is not that bad, we have time. >> what jessica said about the term paper, getting it done in time. you know what happens if you don't get it done in time? you get an f. and a lot of american voters are going to say an "f" to all the politicians if they don't get it done. look, i don't think it would be the end of the world if we go off the fiscal cliff. and it think it would be resolved in the weeks ahead. but this is kind of a black eye for the political system. here we are, two or three days ahead from the start of the year. without any american business investor, or worker, this just is not a very good way to run a country. and it is almost like banana republic politics. >> my dad used to say, no way to run a railroad. or government. let's talk about a couple of things, the whole idea that tax rates on everyone will go up. does the irs or the treasury department have the ability to sort of say look, here is some guidance? keep withholding where it is? >>
we can't go off the fiscal cliff. we have got to meet this deny. now what we're hearing, it is not that bad, we have time. >> what jessica said about the term paper, getting it done in time. you know what happens if you don't get it done in time? you get an f. and a lot of american voters are going to say an "f" to all the politicians if they don't get it done. look, i don't think it would be the end of the world if we go off the fiscal cliff. and it think it would be resolved...
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cliff next tuesday each side says the other is to blame. >> we can avoid the fiscal cliff if the president and the democrat-controlled senate step forward and work with republicans to solve this problem and solve it now. >> reporter: all over the country right now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill but is it going to deplete my savings. >> even if the impact isn't real, the perceived impact could cause a dropoff in sales. >> reporter: gets a deal is up to the top democrat and top republican. >> we are engaged in discussions, the majority leader and myself and the white house in the hopes we can come forward as early as sunday and have a recommendation. >> whatever we come up with will be imperfect. that's where we are. >> reporter: harry reid and mitch mcconnell say they are confident they can find a compromise but they have to sell it to house speaker john boehner and his fellow republicans before monday night's deadline. brian mooar, nbc washington. >> and david gregory will have an interview with president obama on "meet the press." that'
cliff next tuesday each side says the other is to blame. >> we can avoid the fiscal cliff if the president and the democrat-controlled senate step forward and work with republicans to solve this problem and solve it now. >> reporter: all over the country right now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill but is it going to deplete my savings. >> even if the impact isn't real, the perceived impact could cause a dropoff in sales....
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i am happy republicans are fighting to have a balanced point of view for the fiscal cliff. if the president wants to spend $one. 6 trillion, he should cut the spending by that. it should be 400,000 jobs. people who give us jobs are the people that earn $400,000 and can afford to have a family and pay for employees. i am very grateful for your mentioning the fact he went on 310 campaigns. i was wondering what he was doing when he was not in the office leading. now i understand he was out campaigning. when he does campaign, have you been able to figure out how much he has cost the american taxpayer for the trips he takes? in hawaii, they mentioned he is lazy because he is from hawaii. i am wondering if he spends all his time campaigning. host: it sounds like he might spend time there because it is warmer than washington, d.c. caller: he does not work that much. when he was in chicago in the senate, in the illinois senate, he did not work that hard. he was only marked present. i did not believe that. now i see the way he operates. he does not seem to be doing his job. that is
i am happy republicans are fighting to have a balanced point of view for the fiscal cliff. if the president wants to spend $one. 6 trillion, he should cut the spending by that. it should be 400,000 jobs. people who give us jobs are the people that earn $400,000 and can afford to have a family and pay for employees. i am very grateful for your mentioning the fact he went on 310 campaigns. i was wondering what he was doing when he was not in the office leading. now i understand he was out...
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cliff, however, republicans are going to have to acquiesce, we will have some tax hikes, i think probably 750,000 and above i think that's the number, but what republicans are holding back the debt ceiling debate and cutti cutti cutting entitlement programs and they're going to use that later in the year. >> kelly: mark, the final word. >> if angela's prediction sort of come through-- and i hope it does, the republicans and senate negotiate, and republicans and congress will be responsible for the largest tax increst on all americans in modern american history and that would be unfortunate and soon talk about obama tax cuts when we talk about the middle class america. >> kelly: and the 113th congress coming into office in january. and angela and mark, thank you for sharing insights on this tough, tough situation for us. thank you. >> thank you, kelly. >> kelly: thank you. >> to a fox news alert. new details on the deadly plane crash out of russia. police now say that four crew members are dead, and four others have been injured after an airliner landing into one of moscow's international
cliff, however, republicans are going to have to acquiesce, we will have some tax hikes, i think probably 750,000 and above i think that's the number, but what republicans are holding back the debt ceiling debate and cutti cutti cutting entitlement programs and they're going to use that later in the year. >> kelly: mark, the final word. >> if angela's prediction sort of come through-- and i hope it does, the republicans and senate negotiate, and republicans and congress will be...
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where negotiations on avoiding the so-called fiscal cliff again produced no results if the republicans and democrats fail to reach a deal on how to reduce the national deficit tax hikes and spending cuts worth billions of dollars in mass we take effect on journey the first another round of talks is saturday barack obama is already considering an emergency bill for the workers and the army if agreement is not reached before the deadline. the six men involved in the gang rape of a student in india i mean charged with murder just hours after a victim died in a hospital if convicted all could face the death penalty in the case sparked protest in new delhi if you're for it is resorting to banning mass gatherings in parts of the city people still joining to express their anger and sorrow and demanding extreme measures to keep the streets safe. the newly elected prime minister has taken a tour of the fukushima nuclear plant which was devastated by a massive tsunami last year wearing a protective suit to be inspected the complex and admitted that dealing with a fall that is an unprecedented ch
where negotiations on avoiding the so-called fiscal cliff again produced no results if the republicans and democrats fail to reach a deal on how to reduce the national deficit tax hikes and spending cuts worth billions of dollars in mass we take effect on journey the first another round of talks is saturday barack obama is already considering an emergency bill for the workers and the army if agreement is not reached before the deadline. the six men involved in the gang rape of a student in...
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both the president and the republicans talking about the fiscal cliff in their weekly addresses. the president said yesterday he was modestly optimistic about a deal, but here he seems to hint at his own plan b if the senate can't reach a deal. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up or down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job, and lays the groundwork for future progress on more economic growth and deficit reduction. i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote. >> for the republican side, senator roy blunt of missouri who struck a more partisan tone is shifting blame to democrats. >> the republican-controlled house has taken the step in the right direction. the house has passed bills to protect all americans from burdensome tax increases. in addition, they passed legislation to replace damaging across the board spending cuts with responsible tar
both the president and the republicans talking about the fiscal cliff in their weekly addresses. the president said yesterday he was modestly optimistic about a deal, but here he seems to hint at his own plan b if the senate can't reach a deal. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up or down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job, and lays...
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cliff, that republicans will get the blame? >> well, of course they will. because republicans get blamed if it rains if washington. that shouldn't be the test here, it shouldn't be the consideration. but senator reid has had it within his power since spring to amend the house bill and send it back with whatever changes he wanted. that's what the constitution says. sadly, they've given speeches instead of getting the job done. but nobody, nobody wants taxes to go up on middle class americans. and i hope that everybody works real hard over the weekend. a lot of americans have to work on the weekend. i don't think it's a big deal that we have to work this weekend. >> it's not a big deal and you should all be working this weekend. listen, a few weeks ago it looked like speaker boehner and president obama were pretty close on a grand bargain. maybe not as big as should would hope. it looked like the president was saying, we'll raise that top rate and offer some entitlement reform. social security changes, cpi. some talk of raising t
cliff, that republicans will get the blame? >> well, of course they will. because republicans get blamed if it rains if washington. that shouldn't be the test here, it shouldn't be the consideration. but senator reid has had it within his power since spring to amend the house bill and send it back with whatever changes he wanted. that's what the constitution says. sadly, they've given speeches instead of getting the job done. but nobody, nobody wants taxes to go up on middle class...
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cancel a vote on the fiscal cliff political disarray stock markets those were how the headlines read today when i came into work what is this just white noise we'll talk about signs of a broken market that go far beyond the day to day news portably moving them plus from market scandals to our very own we'll break down what you loved and hated this week in viewer feedback let's get to today's capital account. well the world didn't end today some argue the mayan calendar predicted but this millennial error can at least teach us a thing or two about the pitfalls of prediction something fitting given the nature of financial forecasts and also fitting as our guest references it in a small way in his two thousand and twelve year in review he writes this review every december and this year it covers the gamut from broken markets to broke students saddled with more debt than those charging up their credit cards it's out today you can read it chris martin sins website which is peak prosperity dot com and you can hear him talk about it now on our show because david column is here he's the bett
cancel a vote on the fiscal cliff political disarray stock markets those were how the headlines read today when i came into work what is this just white noise we'll talk about signs of a broken market that go far beyond the day to day news portably moving them plus from market scandals to our very own we'll break down what you loved and hated this week in viewer feedback let's get to today's capital account. well the world didn't end today some argue the mayan calendar predicted but this...
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these are the people that republicans have used as pawns in the fiscal cliff debate. earlier this week, senate minority leader mitch mcconnell demanded spending cuts to offset the estimated. $30 billion cost of extending the federal unemployment insurance program for another year.extending the federal unemployment insurance program for another yeaof extending the federal unemployment insurance program for another year.the federal unemployment insurance program for another year.insurance program for another yeayear. mcconnell was elected to serve the people of kentucky. so how do mcconnell and junior senator rand paul justify letting federal unemployment benefits expire for 24,000 people in their state? how can senator marco rubio allow nearly 119,000 unemployed floridians to be cut off? senators john mccain and jon kyl should be fighting for the 28,000 people who would be affected in arizona. it's not clear if they will. and the list goes on and on. unemployment benefits are vital to the economic security of millions of americans, and the continued recovery of the u.s
these are the people that republicans have used as pawns in the fiscal cliff debate. earlier this week, senate minority leader mitch mcconnell demanded spending cuts to offset the estimated. $30 billion cost of extending the federal unemployment insurance program for another year.extending the federal unemployment insurance program for another yeaof extending the federal unemployment insurance program for another year.the federal unemployment insurance program for another year.insurance program...
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he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get there in next 24 hours and so i am hopeful and optimistic. >> reporter: but the sticking point remains finding something that can make it through the house with enough support from republicans. >> it seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of additional compromise there, it seems unlikely that we're going to get something done before the end of the year. >> susie: you know thanks for that report. i am just wondering from all of the reporting you have done, do you think we are better off with a bad deal than no deal at all? >> you know susie when peopletal they are talking about a bad deal in political terms. frankly it's republicans that are most worried about the bad deal they have most leverage. the president has the most leverage. they are worried about a bad deal. any deal that gets us past the fiscal cliff is going to be seen as a good deal. >> susie:
he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get there in next 24 hours and so i am hopeful and optimistic. >> reporter: but the sticking point remains finding something that can make it through the house with enough support from republicans. >> it seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of...
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the fiscal cliff is defense cuts and high taxes welcome to the republican party. >> rational people say that's not a good thing to do. i would hope that robert and sober behavior before new year's eve would land like an alien rocketship in washington and get these people to the table. >> greg: alice, you are sane, i believe. what do you make of this? the point i'm trying to make is why are the democrats scared of the fiscal cliff when it defines basically their ultimate dream? the democrats are anxious. they are embracing the fiscal cliff. we got obamaened a democrats in the conservative thunder bird ready to put the pedal to the metal on the fiscal cliff. they can raise taxes. they can cut military spending and they can blame the g.o.p. when the g.o.p. is doing the smart thing here wanted pointing the finger at the real problem, which is out of control spending. fixing this problem is not going to be easy but it's not complicated. we can't rely on raising taxes. we have to focus on cutting spending. that's what republicans are doing. even more so with geithner pointing out warning us o
the fiscal cliff is defense cuts and high taxes welcome to the republican party. >> rational people say that's not a good thing to do. i would hope that robert and sober behavior before new year's eve would land like an alien rocketship in washington and get these people to the table. >> greg: alice, you are sane, i believe. what do you make of this? the point i'm trying to make is why are the democrats scared of the fiscal cliff when it defines basically their ultimate dream? the...
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cliff because the fiscal cliff compass more than just taxes. you've got the quester and the unemployment insurance. the republicans and democrats know that they can't afford to go back in a recession at this point and the republicans are going to get blamed for it. the taxes still increased and y'all promised not to do that and on the other hand, if they make a deal now, they can go back and say look, we're not in total control. we only control the one branch of government so we made a deal to keep the taxes, you know, low on 98% of the country and that's to win. and as far as the sequester, the afford to lose all those military jobs. that's 100 million jobs possibly lost. and then you've got the unemployment, you know, two million people unemployment, they can't afford not to have that revenue injected into the system so i believe come monday, they're going to have a deal. i believe it. there's not -- they are not -- i'm going to guarantee you you guys. host: eve got a guarantee from antonio. joseph rosenberg who makes a living researching thi
cliff because the fiscal cliff compass more than just taxes. you've got the quester and the unemployment insurance. the republicans and democrats know that they can't afford to go back in a recession at this point and the republicans are going to get blamed for it. the taxes still increased and y'all promised not to do that and on the other hand, if they make a deal now, they can go back and say look, we're not in total control. we only control the one branch of government so we made a deal to...
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what is the threshold that republicans are willing to take to avert the fiscal cliff. there's their 400,000. so everyone who makes $400,000 their taxes would stay the same. would that be acceptable. if there is no deal to be reached we do know that harry reid will try to move forward on monday with the bill for those making $250,000 or below. so that's what we need to see how it will work there. there are types of sweeteners they can do. mitch mcconnell is a tough place and this is the underreported part of the story. he has to figure out a deal that gets through the senate and doesn't make john boehner look too bad in the house and there are a lot of conservatives in the house that don't want to do any type of deal that would raise taxes on anybody even though they'll go up on the entire country the first tax hike in 20 years after monday night. >> and one would also assume that mitch mcconnell would have to back a grant, he could face a primary fight if this thing -- >> you touched on one of the great sub plots of these entire negotiations is personal things that boe
what is the threshold that republicans are willing to take to avert the fiscal cliff. there's their 400,000. so everyone who makes $400,000 their taxes would stay the same. would that be acceptable. if there is no deal to be reached we do know that harry reid will try to move forward on monday with the bill for those making $250,000 or below. so that's what we need to see how it will work there. there are types of sweeteners they can do. mitch mcconnell is a tough place and this is the...
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he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get there in next 24 hours and so i am hopeful and optimistic. >> reporter: but the sticking point remains finding something that can make it through the house with enough support from republicans. >> it seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of additional compromise there it seems unlikely that we're going to get something done before the end of the year. >> susie: you know thanks for that report. i am just wondering from all of the reporting you have done, do you think we are better off with a bad deal than no deal at all? >> you know susie when peopletalk about bad deal or no deal they are talking about a bad deal in political terms. frankly it's republicans that are most worried about the bad deal they have most leverage. the president has the most leverage. they are worried about a bad deal. any deal that gets us past the fiscal cliff is going to be seen
he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get there in next 24 hours and so i am hopeful and optimistic. >> reporter: but the sticking point remains finding something that can make it through the house with enough support from republicans. >> it seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of...
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after that summer undertaken to the brink of a fiscal cliff, the thinking on the house republican leader ship is maybe a tea party freshmen will go homehome, get yelled at by constituents and realize maybe compromise is not such a bad thing. they went home and the people who put at town halls tend to be that this is their party and those people tend to be tea party and they said why did video? you said you would not under any circumstances raise the debt ceiling. at best there's mixed messages and a great likelihood it will be a while before we see moderation. >> is this for the leadership looks at the freshman, many of them second term members of congress and think if only we could control them. isn't the case for leadership as it is out of sync or is the leadership secretly happy that freshmen are getting the blame or credit for doing the dirty work they probably politically would not be what to do as leaders of the house? been the leadership is happy. they are happy that they are empowered. i suspect they wake up screaming because they don't have control. they leadership are referred
after that summer undertaken to the brink of a fiscal cliff, the thinking on the house republican leader ship is maybe a tea party freshmen will go homehome, get yelled at by constituents and realize maybe compromise is not such a bad thing. they went home and the people who put at town halls tend to be that this is their party and those people tend to be tea party and they said why did video? you said you would not under any circumstances raise the debt ceiling. at best there's mixed messages...
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cliff together? let's bring in our washington correspondent for more on this. what can you tell us about the meeting coming up in less than an hour? what will the president talking about with the republican leadership? >> there are only six people who really know what is going on, and what will really happen at the white house, and they will not talk, but i expect them to talk about higher taxes for the wealthy. are the republicans willing to accept that? they will also talk about entitlement spending cuts. are the democrats willing to accept that the government will spend less money? if this is the case, then they might find common ground. one important issue, of course, is going to be the members of the tea party. they are saying compromise is a bad word. of course, it will be difficult for them to find a compromise, to bring them into the boat. >> we had the meeting today. we have the special session on sunday. do you expect a compromise, or are we going over the cliff? >> this is really difficult
cliff together? let's bring in our washington correspondent for more on this. what can you tell us about the meeting coming up in less than an hour? what will the president talking about with the republican leadership? >> there are only six people who really know what is going on, and what will really happen at the white house, and they will not talk, but i expect them to talk about higher taxes for the wealthy. are the republicans willing to accept that? they will also talk about...
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that's different from the fiscal cliff. >> well, they are intertwined. i mean, they are not separate entities and the issue here is the language that he used. he conflated republicans holding their own children hostage and then murdering them. imagine if a republican had said something like that. but you don't hear about it. you hear about it here -- >> because we put it here on fox news. i like to play the game deal or no deal -- >> taken. >> sorry. >> juliette, we are going to begin with you. >> okay. >> let me know what you think -- deal or no deal by the deadline? >> no deal like lindsay graham says. the meeting was political theater. >> andrea. >> no deal. he doesn't want one. [laughter] >> unfortunately, there probably will be something in early january -- >> with the parachute or not? >> it will be, whatever it is, it will be a bad deal for everybody. >> squishy republicans i. you are mad at republicans, you are mad at democrats. >> i am mad at lawmakers in d.c. -- >> i think you are going to say deal. >> i don't think there will be a deal before
that's different from the fiscal cliff. >> well, they are intertwined. i mean, they are not separate entities and the issue here is the language that he used. he conflated republicans holding their own children hostage and then murdering them. imagine if a republican had said something like that. but you don't hear about it. you hear about it here -- >> because we put it here on fox news. i like to play the game deal or no deal -- >> taken. >> sorry. >> juliette,...
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in that immediate action is needed to avert falling off the fiscal cliff. he says that he is optimistic for an agreement, but neither republicans or democrats will get 100% of what they want. earlier today, the president met with congressional leaders at the white house. a closed-door meeting, here is what the predent said just a short time ago. >> we are going to construct a discussion with senate and house leadership of how to prevent this tax hike on the middle class. i am optimistic that we may still be able to reach an agreement that can pass both houses in time. senator reid and senator mcconnell are working on such an agreement as we speak we want congress taking up that issue now. in the meantime, the war on tracking, lisa jackson announced her plan to quit january 31. leading to questions as to who obama will choose to replace her. taking a more realistic approach. let ask john hiatt meister. >> with us tonight we go to john hiatt meister. we want to focus on tracking. do you think a new epa chief old crackdown on tracking? or will they move ahead
in that immediate action is needed to avert falling off the fiscal cliff. he says that he is optimistic for an agreement, but neither republicans or democrats will get 100% of what they want. earlier today, the president met with congressional leaders at the white house. a closed-door meeting, here is what the predent said just a short time ago. >> we are going to construct a discussion with senate and house leadership of how to prevent this tax hike on the middle class. i am optimistic...
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. >> president obama gave senate leaders a plan to avoid the fiscal cliff. if we go over the cliff, many of you decided who is to blame. 44 percent blame republicaning in congress. here to help us sort it out is the republican strategist and former iowa press secretary. you saw the poll on who gets the blame for this according to rasmusin . does this give president obama breathing room to hold out for the taxes on high earners. so be it it will be worse for conditions. >> i don't think either side wants this to happen. president obama doesn't want to give an inaugural address . conscience don't want to go over the cliff either. you want to start out in a new congress and in the new year on a right foot with a bipartisan agreement. we'll have a smaller deal hopefully before new years. >> i want to play a sound by the from charles krauthammer and get your take on this. listen to charles. >> it is clear from the beginning he had no intention to solve the fiscal issues. he's been using this and i must say with great skill and ruthless skill and success to fractu
. >> president obama gave senate leaders a plan to avoid the fiscal cliff. if we go over the cliff, many of you decided who is to blame. 44 percent blame republicaning in congress. here to help us sort it out is the republican strategist and former iowa press secretary. you saw the poll on who gets the blame for this according to rasmusin . does this give president obama breathing room to hold out for the taxes on high earners. so be it it will be worse for conditions. >> i don't...
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unwilling and unable perhaps, for what will ensue of the fiscal cliff. but the fact is that we are looking at a real prospect that the republicans will be held responsible and must plan be actually has the effect of shifting some of the responsibility to the president read what you think are the odds? >> i think he will be held responsible for the economy in 2013 and 2014. you cannot blame george w. bush anymore. they control the senate. it is their economy for sure. so i think that you're going to see a real problem in 2013 and 2014, but i do think it's obama's economy now. the republicans passed the tax cuts for one group, let's say all the way through, not the very top group, i don't know where that negotiation is going to come out, but if they do that, i think that they will be held blameless for the economy. lou: as we wrap up here, i would like to ask you a question this way. because i said last year that i felt strongly at the beginning of the campaign. the democrats were the republican -- the democrats or the republicans, which party led the disc
unwilling and unable perhaps, for what will ensue of the fiscal cliff. but the fact is that we are looking at a real prospect that the republicans will be held responsible and must plan be actually has the effect of shifting some of the responsibility to the president read what you think are the odds? >> i think he will be held responsible for the economy in 2013 and 2014. you cannot blame george w. bush anymore. they control the senate. it is their economy for sure. so i think that...
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cliff which could have far reaching ramifications president obama has charged democratic and republican senate leaders with finding a compromise to the budget impasse a raft of tax hikes and social spending cuts come into force automatically on new year's day if the two political parties fail to find a way forward obama says he will call a vote in congress to stop the tax rises if they car work it and. the victim of a gang rape on a bus that triggered violent protests in india has died in a singapore hospital her body is expected to be flown back to india later on saturday the twenty three year old student was beaten and suffered massive internal injuries before being thrown out into the road attack course deep outrage in new delhi with widespread demonstrations taking place to call for greater protection for women. italy's outgoing prime minister says he will lead a coalition of centrist parties after february's parliamentary elections omarion monti is not ruling out a return as head of state should the alliance be successful he resigned earlier this month after his government lost its
cliff which could have far reaching ramifications president obama has charged democratic and republican senate leaders with finding a compromise to the budget impasse a raft of tax hikes and social spending cuts come into force automatically on new year's day if the two political parties fail to find a way forward obama says he will call a vote in congress to stop the tax rises if they car work it and. the victim of a gang rape on a bus that triggered violent protests in india has died in a...
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again, i repeat that republican and democrat plans to solve the fiscal cliff have nothing, are not reducing the deficitne iota. >> basically, i'm going to have to spend my prime years and the folks i know, spend their prime years paying off the interest payments. the fact of the matter is in the interest, social security and medicare will consume the budget in the near future, right when i probably want to be starting a business, getting my life going enough razzle want to get their life going. instead, will be paying taxes on lobbying indentured servants of the government. this is absolutely immoral to have this happen. this is what congress is passing on to us and s why conservatives in the house and senate need to be serious about these fiscal cliff tops, especially about the debt ceiling, not just sitting back and saying president obama won the election. if we don't act now my generation will spend our prime years being servants of the government, and that's not right. tom: i hope you do. i give you one more step before you go. the amount of interest that we pay on the debt that china o
again, i repeat that republican and democrat plans to solve the fiscal cliff have nothing, are not reducing the deficitne iota. >> basically, i'm going to have to spend my prime years and the folks i know, spend their prime years paying off the interest payments. the fact of the matter is in the interest, social security and medicare will consume the budget in the near future, right when i probably want to be starting a business, getting my life going enough razzle want to get their life...
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Dec 29, 2012
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>> i think there's a chance he will br just right enough to get something done on the fiscal cliff. we saw the president this harch meet with the bipartisan leadership in congress. remember the republicans because of the intransigence we talked about their caucus sought the speaker es plan for a plan b. that weakened the republican negotiating position . and now the president has maximum leverage because the tax cuts are due to expire by the end of the year. mitch mcconnell said he was hopeful and optimistic that they could get a deal that they could pass. the reason that that could happen if mitch mcconnell lets it happen, john boehner may feel no option but to put that on the floor for pass adge whether or not most republicans are for it. that would be the realization of that -- >> wouldn't that violate the principle that would have govern the policy that nothing wowlingd pass unless the yort of the majority support it. >> it would violate the principle. some democrats think that mitch mcconnell is ready to force john boehner's hand. we know the republicans are going to lose the f
>> i think there's a chance he will br just right enough to get something done on the fiscal cliff. we saw the president this harch meet with the bipartisan leadership in congress. remember the republicans because of the intransigence we talked about their caucus sought the speaker es plan for a plan b. that weakened the republican negotiating position . and now the president has maximum leverage because the tax cuts are due to expire by the end of the year. mitch mcconnell said he was...
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cliff which could have far reaching ramifications president obama has charged democratic and republican senate leaders with finding a compromise to the budget impasse on a raft of tax hikes and social spending cuts come into force automatically on new year's day if the two political parties are held to find a way forward obama says he will call a vote in congress to stop the tax rises if you can't come to agreement. thirty three year old victim of a refrig gang rape on a bus that triggered a violent protest in india has died in singapore hospital in new delhi gatherings of more than five people have been banned in many parts of the city one peaceful city and was allowed to go ahead before it is also closed to metro stations in stock cars from accessing some main roads and to supply possible protests. italy's outgoing prime minister says he will lead a coalition of centrist parties into febreze parliamentary elections mario monti has not ruled out a return as head of state should the alliance be successful he resigned earlier this month after his government lost its majority in the count
cliff which could have far reaching ramifications president obama has charged democratic and republican senate leaders with finding a compromise to the budget impasse on a raft of tax hikes and social spending cuts come into force automatically on new year's day if the two political parties are held to find a way forward obama says he will call a vote in congress to stop the tax rises if you can't come to agreement. thirty three year old victim of a refrig gang rape on a bus that triggered a...
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so can we expect a deal here or is the nation heading over the fiscal cliff? >> we can still avoid going over the fiscal cliff if the president and the democrat-controlled senate step forward this week and work with republicans to solve this problem and solve it now. [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >> gregg: time for a quick check of the headlines. police have a suspect in custody in new york city's deadly subway push. the woman apparently made statements implicating herself in thursday's murder of a 46-year-old man. >>> same sex marriages are now legal in the state of maine. the law went into effect at midnight and authorities immediately began issuing licenses and performing weddings. >>> a french court rejecting a 75% millionaire's income tax scheduled to begin in 2013. the tax would have made the rich contribute a whole lot more to cutting public deficit. >> arthel: here at home as senator leaders work beh
so can we expect a deal here or is the nation heading over the fiscal cliff? >> we can still avoid going over the fiscal cliff if the president and the democrat-controlled senate step forward this week and work with republicans to solve this problem and solve it now. [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >> gregg: time for a quick check...
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Dec 29, 2012
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tea party hasn't been discussed much with the fiscal cliff. signing how anyone with give them credit. they've lost supporters in florida they're down to a third of who they had. >> don't you think they had jobs so they moved on? like that is the one -- the distraction they have is that they work for a live something. >> they don't have luxury to go hang out and park. they have jobs. in this economy some are working three jobs trying to feed their family but they have influence and hold the ability to ruin a political politician's career by not voting for them again. it doesn't mean they don't have influence f they didn't have influence we'd have a deal right now. it's small government, low taxes preventing this deal from happening. >> they have so much influence they hurt the republicans into winning back the senate. >> no. no. they hold them acat kthable. >> they have -- so many idiots you can name, read it there, thank goodness for a tea party opponent he had. >> no. absolutely not. >> no? >> the poll is not responsible for. they hold republ
tea party hasn't been discussed much with the fiscal cliff. signing how anyone with give them credit. they've lost supporters in florida they're down to a third of who they had. >> don't you think they had jobs so they moved on? like that is the one -- the distraction they have is that they work for a live something. >> they don't have luxury to go hang out and park. they have jobs. in this economy some are working three jobs trying to feed their family but they have influence and...
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he thinks the republicans are holding him hostage now on the fiscal cliff. he may be wrong but that's his view. they are going to fight that out. but i saw a very frustrated president who is saying guys, we're now after talking about a big deal that would help the markets, help the american people we have scaled it back to something small and you can't even get that done. he is very angry. visibly frustrated, harris. >> harris: we have been seeing the news being broken on this friday for almost 12 hours on this as the news warrants. ed, we may see you again this hour. thank you. >> i look forward to it. >> harris: senate leaders now say they are entering last-minute talks over the weekend to avert the fiscal cliff. so now it goes to the senate. we will go live to capitol hill at the bottom of the hour as again the focus will shift those senators to get a deal done. all of this having some effect on wall street. the markets finishing in the red for the fifth straight day. the dow sank 158 points, triple digits in trading today. closing below 13,000 for the fi
he thinks the republicans are holding him hostage now on the fiscal cliff. he may be wrong but that's his view. they are going to fight that out. but i saw a very frustrated president who is saying guys, we're now after talking about a big deal that would help the markets, help the american people we have scaled it back to something small and you can't even get that done. he is very angry. visibly frustrated, harris. >> harris: we have been seeing the news being broken on this friday for...